A Miami resident got a loan to support a business and spent it on fancy cars and parties
The Florida man received about $ 4 million in a US government loan program to help small and medium-sized businesses in connection with the coronavirus and used some of the money to buy a brand new Lamborghini and other luxury goods. Writes about it New York Post.
David Hines was accused of fraud, false statements at a financial institution and involvement in transactions with illegal income.
Hines, 29, from Miami, initially tried to raise $ 13,5 million in the government's small business lending program on behalf of various companies, saying he needed money to pay employees' salaries.
It turns out “these alleged employees did not exist,” the indictment states.
As a result, the bank approved three loans totaling $ 3,9 million.
Within days of receiving the money, Hines bought a 2020 Lamborghini Huracán worth over $ 318.
On the subject: Second round of coronavirus relief: who will be eligible for money
The complaint alleges that he also spent thousands of dollars on dating sites, as well as jewelry, clothing, and stays in posh Miami Beach hotels.
Federal investigators found the sports car on Hynes after he was involved in a July 11 car accident.
Miami police have confiscated the car, which federal prosecutors are now planning to seize from the owner permanently in repayment of illegally obtained loans.
When the bank froze the accounts of Hines' companies on June 24, there was a balance of $ 3, but no action was taken to repay the loans.
Hines was arrested on Friday 24 July. Chief Justice John O'Sullivan released him on $ 100 bail.
He is allowed to stay at his mother's house with a GPS monitor. The sentencing is scheduled for October 14.
Read also on ForumDaily:
Who do Russians without education work in the USA: the experience of an immigrant
Homeowners and tenants in Miami will be paid financial aid: how much can you get
Second round of coronavirus relief: who will be eligible for money
Subscribe to ForumDaily on Google NewsDo you want more important and interesting news about life in the USA and immigration to America? — support us donate! Also subscribe to our page Facebook. Select the “Priority in display” option and read us first. Also, don't forget to subscribe to our РєР ° РЅР ° Р »РІ Telegram and Instagram- there is a lot of interesting things there. And join thousands of readers ForumDaily New York — there you will find a lot of interesting and positive information about life in the metropolis.
-
Where in the USA to buy the medicines we are used to: a list of pharmacies5330
-
Six ways to cut your medical bill in the US436
-
Joy to Work: 37 Jobs with Lowest Stress and Good Pay419
-
What folk remedies treat the common cold in the USA: what surprises our354
-
Personal experience: why immigrants have more chances of success in the USA than Americans290
-
Burger Arthritis: How Fast Food Triggers Autoimmune Diseases233
-
XNUMX stunning US lavender farms that will take you to French Provence220
-
Actions in a terrorist attack: how to survive yourself and help others6333
-
Where in the USA to buy the medicines we are used to: a list of pharmacies5330
-
How to hit the jackpot: tips from a man who won the lottery 7 times4898
-
Life after death: what happens to places of mass executions in the USA3883
-
How to start a profitable business in the USA, if you have only $ 203281
-
4 US Social Security Traps and How to Avoid Them1493
-
Street, avenue, boulevard or drive: how to understand the classification of US streets and roads1461